Jet Freight to acquire 45% stake in UAE-based Natwest Trade and Logistics

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

JETFREIGHT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹23.70

prior close

₹24.19

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+1.7% vs market

Logistics Solution Provider peers, median of 43sector+0.0%+2.4% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.4 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-2.4

15m

-2.6

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+0.6+1.7+0.0+2.4

Next day

+5.4+0.2+5.3+0.0+5.4

-0.7-0.9+0.2-0.5-0.1

-1.2-0.3-0.9+0.0-1.2

+0.4+0.0+0.4-0.8+1.3

-0.8-1.1+0.3-2.1+1.3

-3.7-1.4-2.3-2.1-1.6

15d

-4.1+2.7-6.7-0.3-3.8

-5.1+3.6-8.6+1.9-6.9

-14.8+2.0-16.7-1.7-13.1

-19.4+1.1-20.5-3.4-16.0

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 43Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jet Freight Logistics will acquire 45% stake in UAE-based Natwest Trade and Logistics Services FZCO for Rs 18 Crores in cash, paid in tranches. Target, incorporated Nov 2024 in Dubai, runs freight brokerage and tech-driven logistics with FY25 turnover of AED 3.5 lakh. Deal aims to expand global logistics footprint. Completion expected within 2 years. Not a related party transaction.

Likely market impact

Strategic international expansion into UAE logistics hub; small target size suggests growth-oriented bet. May take up to 2 years to fully complete.